Huawei announced its cumulative business results for the first three quarters of 2023. Through the third quarter of this year, Huawei's cumulative revenue increased by 2.4% year-on-year to 456.6 billion yuan (approximately 84.0966 trillion won), and the net profit margin was recorded at 16%.

Ken Hu, Rotating Chairman of Huawei, said, “Huawei’s performance this year meets expectations. We are grateful for the continued trust and support from our customers and partners. Moving forward, Huawei will continue to increase its R&D investments to fully leverage its business portfolio and elevate the competitiveness of its products and services to a new level. As always, our goal is to create greater value for our customers, partners, and society.”